Aware Announces New Partnership with Uqoud to Bring Biometrics to Contract Management Platform
15 March 2023 - 12:45AM
GlobeNewswire Inc.
Aware, Inc. (NASDAQ: AWRE) today announced a new partnership with
Middle East-based contract management platform provider Uqoud to
integrate Knomi®, Aware’s industry-leading mobile biometric
authentication framework, into the Uqoud platform. As a new part of
Uqoud’s contract management platform, Knomi will enable Uqoud to
onboard new users remotely using facial biometrics and identity
verification and also continuously authenticate users through
facial biometrics. This integration will empower Uqoud users to
securely verify the identity of all stakeholders involved in
contract signings with minimal friction.
“Aware’s partnership with Uqoud represents an exciting new use
case for biometric authentication,” says Craig Herman, Aware’s
chief revenue officer. “This news signifies that Aware’s footprint
in the Middle East market is expanding, and by attracting a leader
like Uqoud, shows both the flexibility and security of our
solution. This opens up a lot of possibilities in the Middle East
with other companies potentially looking to leverage a similar
biometric authentication solution.”
“We are thrilled to offer biometric authentication as part of
our contract management platform supporting a full contract
management process,” says Mustafa Bilbeisi, Co-Founder at Uqoud.
“Biometrics are the most reliable, secure form of identity
verification and we’ll be able to verify the identities of all
stakeholders involved in contract signings, including internal and
external from the different organizations involved,” Bilbeisi
continued. “Partnering with Aware will help us ensure our users’
utmost confidence in the legitimacy of their documents, virtually
eliminating the possibility of document fraud while maintaining
superior speed and convenience.”
Uqoud handles all contract and document matters to allow users
to run their businesses smoothly. Users can send, negotiate and
sign contracts with Electronic Know Your Customer (eKYC) identity
verification within an all-in-one localized, customized and
bilingual paperless contract management solution. Uqoud manages it
all digitally, legally and securely.
Aware’s Knomi mobile biometric authentication framework uses
mobile devices and browsers to provide a trusted process to onboard
and authenticate customers securely and conveniently. With
industry-leading face and speaker recognition, passive liveness
detection, and flexible device-, server-, and browser-based
options, Knomi is a secure, convenient customer onboarding and
authentication framework for virtually any use case.
About Aware Aware is
a global authentication company that validates and secures
identities using proven and trusted adaptive biometrics. Aware’s
software and software-as-a-service offerings address the growing
challenges that government and commercial enterprises face in
knowing, authenticating and securing individuals through
frictionless and highly secure user experiences. Aware’s algorithms
are based on the most diverse data sets in the world and can be
tailored to the unique security and requirements of each customer.
The company empowers users to have control over identities through
clear, intuitive opt-in/opt-out features, helping them feel secure
and improving their lives. Aware is a publicly held company
(Nasdaq: AWRE) based in Burlington, Massachusetts. To learn more,
visit https://www.aware.com or follow Aware on Twitter
@AwareBiometrics.
About UqoudUqoud handles all contract and
document matters to allow you to run your business smoothly. Send,
negotiate and sign contracts with eKYC identity verification within
all-in-one localized, customized and bilingual paperless contract
management solutions. Uqoud manages it all digitally, legally and
securely. To learn more, visit https://uqoud.com/
Safe Harbor WarningPortions of this release
contain forward-looking statements regarding future events and are
subject to risks and uncertainties, such as our expectations
regarding our new product. Aware wishes to caution you that there
are factors that could cause actual results to differ materially
from the results indicated by such statements, including the risks
that (i) current and prospective customers do not purchase our new
product in the quantities that we expect and (ii) our new product
does not perform as well as we expect because of errors, defects or
bugs. We refer you to the documents Aware files from time to time
with the Securities and Exchange Commission, specifically the
section titled Risk Factors in our annual report on Form 10-K for
the fiscal year ended December 31, 2021 and other reports and
filings made with the Securities and Exchange Commission.
CONTACT
Company Contact
Gina Rodrigues
Aware, Inc.
781-687-0300
grodrigues@aware.com
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